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Initially, the data centre project size is estimated at north of US$10bn (15 trillion KRW) and holds the potential to reach US$35bn (50 trillion KRW).
Such a groundbreaking initiative hopes to establish one of the world’s largest AI data centres, featuring advanced cooling infrastructure, regional and international fibre bandwidth and the ability to handle significant and sudden variations in energy load.
It will also serve as a foundation for next-generation AI enablement, thereby fostering greater innovation and economic growth in the region and beyond.
The Jeollanam-do centre is set to be completed in 2028 and will create jobs across Energy Supply and Storage (ESS), renewable energy production, equipment supply and research and development (R&D) sectors.
It is hoped the centre will serve millions of people, including hundreds of major corporations, including data centre hyperscalers and developers.